HD Hyundai signs $674 million contract for U.S. data center power

South Korean firm’s U.S. energy infrastructure orders reach $1.12 billion

HD Hyundai Heavy Industries announced Monday it signed a 956 billion won ($674 million) contract with Corban Energy Group to supply power generation equipment for U.S. data centers, as surging artificial intelligence demand drives investment in electricity infrastructure.

The contract covers a combined 1,000 megawatts of generating capacity and is the largest power-generation engine supply agreement HD Hyundai has signed. The equipment will serve data centers operated by a major technology company in the United States, according to the company’s announcement.

HD Hyundai will supply generating systems based on its 9.6-megawatt HiMSEN engines, a medium-speed generating engine designed for high output and efficiency. The engines can operate continuously for extended periods, making them suitable for facilities requiring reliable power around the clock.

Corban Energy Group specializes in energy infrastructure and engineering, supplying gas, liquefied natural gas, and power-related products for infrastructure projects including data centers and U.S. government projects, according to the announcement.

The deal represents the latest in a series of U.S. data center power equipment orders for HD Hyundai this year. In April, the company signed a 627.1 billion won ($442 million) contract with U.S. energy infrastructure developer AEG. Combined with Monday’s agreement, HD Hyundai has secured 1.58 trillion won ($1.12 billion) in U.S. data center power equipment orders this year.

HD Hyundai said the agreement goes beyond a conventional engine sale, positioning the company in the rapidly expanding U.S. power infrastructure market driven by AI data centers. Electricity consumption is rising rapidly as AI services expand and data centers become larger, increasing U.S. demand not only for grid expansion but also for distributed and self-contained generating systems capable of providing data centers with reliable electricity.

“The continuing inquiries about cooperation in the data center power engine market demonstrate the proven technology and reliability of HiMSEN engines,” an HD Hyundai Heavy Industries official said. “We will explore diverse business opportunities and expand our presence in the power generation equipment market.”

The company plans to use the partnership to pursue additional opportunities in the U.S. data center power market and to expand beyond data centers into industrial facilities and other infrastructure projects with high electricity demand.